For most credit card users, being able to withdraw cash from an ATM seems like a revelation. After all, who wouldn’t want to take advantage of being able to borrow cash from their credit card now and again when money gets low in your bank account?
But getting cash from an ATM using your credit card isn’t something you’ll want to get in the habit of doing. The main reason? Banks see it as a risky behavior, and besides costing you a lot of money in interest payments and fees, regularly getting cash advances can also damage your credit score.
